59 Susan CtCliftonNJ07012
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clifton at 59 Susan Ct, Clifton, NJ, 07012 uses $165,419 cash to close to unlock $14,923/yr annual cash flow and $1,244/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $2,442/mo payment keeps the spread at $1,244/mo. Purchase price stands at $499,000, and rental yield measures 11.54% with $4,800/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 152.45% and total cumulative return in cash records $252,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07012, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 3,022 (57.2%) |
| Renter Occupied HU | 2,068 (39.2%) |
| Vacant Housing Units | 189 ( 3.6%) |
| Median Home Value | $512,430 |
| Average Home Value | $581,372 |
Housing Distribution
Address Breakdown
Residential
5,270
Single Family
4,865
Multi-Family
405
Businesses
573
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Listed by: Mahmoud Ijbara • Gild Realty
Mls Name: GSMLS
Mls ID: #4004896